Armada Mercantile Ltd. (Symbol: CSE: ARM and OTC: AAMTF), through its subsidiary Ace Foods, has launched and is selling the Igloo brand ice cream/sorbet bars, cones and sandwiches to retail outlets in the USA. In the markets that we currently serve, there are approximately 2,500 points of delivery where the Igloo brand is selling to consumers including independent supermarkets and convenience stores. The Igloo brand is a novelty impulse consumer brand with a lower price point and special appeal to kids that complements our premium London Dairy ice cream brand.
About Ace Foods: Ace Foods is master/importer distributor of the London Dairy (London Dairy Ice Cream) and Igloo (Igloo Ice cream) ice cream brand in the USA. London Dairy is a leader in the global ice cream market, selling in more than 35 countries around the world.